A report about Vince McMahon selling WWE to the Saudi Public Investment Fund broke the internet. While many fans started cursing McMahon for ruining Triple H’s good work by returning to WWE’s Board Of Directors, others made the decision to boycott all WWE programming immediately. Major companies such as Disney, NBC Universal, FOX, and Amazon are reportedly interested in purchasing WWE, but McMahon is yet to find a suitable buyer for his billion-dollar company.
Earlier this week, Stephanie McMahon resigned from WWE’s Board Of Directors. This led to speculation that she and Triple H weren’t in support of the potential sale of the company. The speculation was later shot down, and it was reported that Stephanie and Hunter were fully aware that Vince McMahon’s controlling shares would have to be offloaded in some fashion in the event of a sale.
Vince selling the company to Saudi Arabia is the only plausible way for him to regain creative control. Disney and Comcast have already declared that no major company intends on retaining McMahon’s services in any capacity post-sale.
Dave Scherer from PW Insider answered the following question in the latest mailbag: “Any chance Stephanie resigning is leading to her starting her own company to buy her dad’s stocks? It’s basically how Vince started.” Scherer dismissed this in a huge way, but he also painted a picture that might see Stephanie McMahon and Triple H start their own company.
I would say no chance in hell, because well you know, but I try not to speak in absolutes. Whatever the longest of longshots is, that is the answer here. With that said, if Vince really does the most heinous thing I can think of and sell to the Saudis, which would make the company a leper here in the US, I could definitely see Steph and HHH going to NBC Universal and pitch starting a company for them.
It shouldn’t come as a surprise that a couple of perspective WWE buyers plan to retain the services of Stephanie McMahon and Triple H considering the outstanding work they have done in the six they were in charge of WWE following Vince’s retirement this past July.
It is to be noted that Stephanie’s resignation from WWE allowed Nick Khan to have role of sole CEO of WWE. We’ll have to see what is in store for Vince McMahon’s company in the months to come.
What’s your take on this WWE story? Sound off in the comments!